Posted on 09/16/2011 12:54:05 PM PDT by New Jersey Realist
The Obama administration is in a race against the clock to close by month’s end more than a dozen renewable-energy loan guarantees totaling $9 billion. Of that, just over $3 billion would come from the federal government’s coffers.
It now has to do that amid an escalating political battle over a federally backed solar company spiraling into bankruptcy and facing an FBI probe. President Obama once praised the company, California-based Solyndra, as “the true engine of economic growth.”
At a House hearing Wednesday, there was bipartisan concern about risking more taxpayers’ dollars on renewable energy projects that ultimately fail. While Republicans’ rhetoric was more heated, Democrats agree it is a critical issue.
(Excerpt) Read more at nationaljournal.com ...
Gotta keep the scams going against the taxpayers and get these loans into the hands of ‘RAT donors before the GOP starts putting people in jail.
LOL!
The chickens are really coming home to roost now hey O’Bammy?
The few small businesses that did get part of your trillions of stimulus are augering in you Genius. Quick!! Cut off their funding!!
You are an idiot leading idiots!
Just a few weeks ago Obummer said that unless the debt ceiling was raised, he might have to hold up the Social Security checks. Don’t imagine that he wanted to hold up the green energy kickbacks to his campaign contributors. no no
Not another dime until the last fiasco is cleared up and we know where the money is.
agree....but will the leaders in Congress agree?
The House writes the checks.
Community organizers are not economists and geologists. Union croneys are not industrial engineers who calculate manufacturing and process efficiencies. Municipal employees do not work on bringing the cost of government down. Federal employees do not make our engine of productivity more efficient.
Those are absolute truths which can only be ignored for so long.
Green loans and grants are going to be discovered to be nothing more than money laundering for the political aparatus in Washington DC. For every $500K in contributions the net return was about $10,000,000.
The money is appropriated in the stimulus.
The treasury writes the checks.....if they get it done before Friday 09/30, end of the fiscal year.
After that, the money is gone, whish, disappears
3 bill from the govt coffers...the other 6 bill from where??
Billions means nothing to these thieves anymore. I say vote the bums out but we only have control of our own congressman and mine is only half a RINO. In NJ that’s saying something.
Solyndra $535 Million- Bankrupt
Tesla Motors $465 Million to build $120k sports cars for millionaires & billionaires
Fisk Automotive $529 Million To build $90,000 hybrid sports car in FINLAND!!!
STOP THIEF!!!!
Where are the cops when you need them.
The super comittee had best put that 10 billion in with the 1.2 trillion they’re tasked to find right away, otherwise Zer0 and Chu will waste it away on something stupid.
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